Mobile Wallet: The era of a cashless future

1
Mobile Wallet Its Usage
The era of a cashless future
2
3.1
930
MILLION
MILLION
PEOPLE WITH BANK ACCOUNTS
MOBILE SUBSCRIBERS
3
NEED OF MOBILE PAYMENT
Increase in mobile subscribers
Increase in internet users
Increase in E commerce transaction
Saving cost on printing currency notes
Ease of transaction
24-hour, 365-day availability
Simple easy to use
Fast, inexpensive, safe secure, accessible
4
RECENT STATISTICS/DATA
1.21 BILLION
TOTAL INDIAN POPULATION
930 MILLION
MOBILE SUBSCRIBERS
185 MILLION
MOBILE WITH INTERNET USERS IN INDIA
117 MILLION
SMARTPHONE USERS IN INDIA
5
USAGE OF SMART PHONES IN INDIA
Users made a purchase via phone
Users search for content via phone
Users search for products via phone
Users do banking or financial activity via phone
Users log on to social media platform
6
INTRODUCING MOBILE WALLET
MOBILE WALLET
Mobile Wallet is an advance alternative to your
physical wallet. It acts as the point of
interaction for various types of contactless
payments. It can be either in the form of a
feature/functionality over your mobile phone
dedicated to store information of your
debit/credit cards or it can be an App that takes
in your payment information and pay your bills
for certain services or to allowservice
providers.
7
MOBILE WALLET USAGE
78
56
58
for Banking activities
for Coupon redemptions
for Ticket management
60
41
20
for Comparison shopping
for Location based deals
for Electronic receipts
8
MOBILE WALLET USAGE
9
Ruplee is the Smart New Age Way to Pay. Now you
can pay at all your favorite restaurants directly
with your phone! Leave your credit cards and cash
behind. Ruplee is very secure to use as all your
credit/debit card data is safely stored and
encrypted.